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Showing posts from August, 2021

The Illusion of a Bull Market; Don't Confuse Brain with Bull Market

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 Whether new investors or veterans in the stock market, everyone's investment is increasing overall during the bull market. In a growing market we think it is very easy to invest in the stock market and we believe that our intelligence and skills are increasing. We see an increase in our ability to invest and ingenuity as we see our share capital increase and ignore the investment risk when the market declines. In fact, when the market trend stops, it can be very dangerous for our investment. "The brain of a person addicted to cocaine and the person who relies on financial gambling are equal," say researchers. In a bull market, investing too high in investing without risking risk management can lead to accidents. Bull markets can force investors to abandon a systematic investment process and lead to investment instability. It is difficult and true to be consistently disciplined in your rules at a time when other investors are growing differently. These feelings can get us...

Summary of the book 'Work Smarter Not Harder' which teaches new ways of working

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This summary is for people looking for tips to improve their productivity. Being able to do a lot of work in less time is productivity, it's about how you work smart, and you don't have to work hard. If you are struggling to do everything in one day, or are wondering what to do next, this summary is for you. Written by Timo Kiender, Work Smarter Not Harder is a book that identifies 18 different ways to improve your work day. From learning new computer skills to understanding your own working patterns and rhythms, tips can be found in it. An easy-to-read guide that helps anyone increases their productivity. In this summary This summary discusses in detail 18 ways to improve your workday. From distractions to sending emails and what to do on the day off, here are some tips that might work for you and be implemented.   Book Summary Start the day right To build a strong foundation on personal productivity, the following things need to be put in the right place. Proper m...

How much risk to take in a trade?

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 The most frequently asked question in a trading discussion forum is, how much risk should a trader take? New and conservative traders set a standard of 1 to 2 percent, while aggressive investors sometimes suggest taking a risk of up to 5 percent.   What you need to understand is that risk tolerance is not a one-dimensional task. Of course there are some rules to follow but in the long run it can be even more profitable due to your personal preferences. Risk tolerance is the amount of money you can afford to lose in order to make a profit. Those with stable incomes or experience in the financial markets can be aggressive, while those with other financial obligations and limited trading experience often take the less risky path to profit. Unfortunately, this does not apply to all traders. Many new investors are tempted by quick and easy profits because they have limited trading experience, often taking risks beyond their means. When you risk more money than you ca...